Major Drilling Group International (OTCMKTS:MJDLF) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Major Drilling Group International Inc. (OTCMKTS:MJDLFGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.62 and traded as low as $6.59. Major Drilling Group International shares last traded at $6.59, with a volume of 6,654 shares.

Major Drilling Group International Trading Down 3.8 %

The company’s 50-day simple moving average is $6.09 and its 200-day simple moving average is $6.62.

About Major Drilling Group International

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Major Drilling Group International Inc provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services.

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